Access Bank in advanced discussions with Zambian Bank regarding merger
The bank noted that there are no guarantees to whether the transaction pans out or not.
Tag: Featured
How fund managers can help in period of low yield
With inflation holding steady, the low yields end up translating to negative returns.
Naira weakens as forex turnover falls by 88%
The opening indicative rate was N387.32 to a dollar on Wednesday.
There are now 13,173 BTC millionaires around the world
As the transaction number in BTC market records high, the number of dollars invested increases
Diversion points for third mainland bridge closure revealed
There would be a diversion of traffic in 2 phases during the partial closure of the bridge.
Africa’s GDP could fall by 3.4% in 2020 if COVID-19 continues – AfDB
The bank warns projected GDP losses for 2021 ranges from $27.6 billion to $47 billion.
Exchange rate remains stable as CBN “adjust official rates” from N360 to N381/$1
The CBN still continues to warn against currency speculators who patronize the black market.
The risk of buying Forex at black market rate of N460/$1
Between 2012 and 2017 the naira has depreciated by 30% compounded annually.
Covid-19: Companies raise N222 billion in capital during lockdown
Corporate organizations successfully raised at least N222.6 billion from the 24th of March till date.
Why interest rates on treasury bills, bonds crashed
The yoyo between debt and equity is likely to ensue as uncertainty remains in the forex market.
